Fordnex Reviewed: Legit or Total Ripoff? Read This First

Recently, Fordnex.com website appeared, promoting itself as a place to keep cryptocurrency and other assets safely. I managed to gather reliable supporting information that unmistakably confirms it is, in fact, a fraudulent platform.

Contrary to the statements of Fordnex.com, they will never refund your money. Despite the money displayed in the “member area”, there is absolutely no ability to take out even a single cent. All commitments regarding crypto rewards are empty as well.

It is better to prevent, than repair and repent!

When we talk about the intrusion of unfamiliar programs into your computer’s work, the proverb “Forewarned is forearmed” describes the situation as accurately as possible. Gridinsoft Anti-Malware is exactly the tool that is always useful to have in your armory: fast, efficient, up-to-date. It is appropriate to use it as an emergency help at the slightest suspicion of infection.

DOWNLOAD NOW

Gridinsoft Anti-Malware 6-day trial available.
EULA | Privacy Policy | 10% Off Coupon

Subscribe to our Telegram channel to be the first to know about news and our exclusive materials on information security.

Fordnex Scam Overview

The main service that Fordnex aims to provide is a secure and convenient cryptocurrency wallet service. The website pledges exchange solutions, tools for controlling wallets, transfers, dashboards, and similar stuff. In truth, they endeavor to emulate the functionality of a crypto marketplace, akin to Binance or Coinbase. However, it actually only serves as a shell intended to lull the vigilance.

Fordnex Scam

To begin with, Fordnex imitates the design of numerous similar pages. There are quite a few examples, like Truespacex, Tondrex or Swapcex. They are entirely indistinguishable in terms of visual elements, with small discrepancies in the webpage header. Other details, and sometimes even crypto wallet addresses, are unchanged. Presumably, all these fraudulent websites are operated by the same team of swindrels.

Cryptocurrency Scam Summary

How the Fordnex Scam Works?

Fordnex is yet another webpage within a vast network of linked crypto scam webpages. The managers employ diverse brand titles and websites, like Fordnex.com, to capture victims. Nonetheless, these deceptive websites have in common matching designs, terms of service, and About information. This reveals their sources as a part of the equal fraudulent network, which promotes the same form of deception under different disguises. The scammers just copy the equal scam site under diverse names to mislead users into thinking they are enrolling a new opportunity. However, in actuality, it’s the identical group of scammers orchestrating the fraudulent pledges and undertakings to seize deposited money. The operators cleverly employ psychological strategies and enticing invitations to implement their unscrupulous schemes.

Step 1: Spreading

To start the deceptive scheme, criminals establish and fill accounts on well-liked social media platforms. They generally aim at Facebook, Instagram, Twitter, and TikTok. Subsequently, the promotional campaign starts. Employing bots and sponsored promotions (when achievable), fraud actors intensify the visibility of their deceptive activities to possible victims. This strategy permits them to cast a broad net and interact with their targeted viewers. The group typically comprises of cryptocurrency enthusiastic individuals searching for chances to generate profits.

Users obtain an encouragement to sign up, attracted by the commitment of receiving crypto rewards valued at hundreds of dollars, all free of charge. To augment the appeal of the offer, fake claims of cooperation with a celebrity are incorporated. As you may guess, these claims are entirely baseless.

Step 2: Gaining Traffic

Users who show interest visit Fordnex.com via links present in promotions or bot-generated posts. The site uses captivating visuals, design aspects that appear genuine, and assertions of possessing a official license, all designed to present an initial impression of trustworthiness.

Step 3: Data Gathering

To claim their rewards, users are required to proactively sign up on Fordnex and get guidance to provide sensitive and personal information throughout the sign-up procedure. This comprises linking their cryptocurrency wallets, revealing email addresses, specifying phone numbers, submitting identification papers, and more.

Step 4: Requesting funds

Once signed up, users observe significant amounts of cryptocurrency, valued at thousands of dollars, within their Fordnex wallets. However, as is standard with such incentives, you cannot withdraw them prior to topping up your account. Typically, a deposit of $100 is asked to access the sign-up bonus. This prerequisite serves as the snare that eventually results to the money loss.

Step 5: Disappear

The moment the payment is sent, the fraudsters cease all contact. They proceed to bar users, remove accounts, and vanish with both the deposited funds and vital personal data. The fictitious benefits continue to be perpetually uncredited, as they lack genuine existence. They operate solely as a phishing maneuver. This technique forms the foundation for the fraudsters’ capacity to deceive victims and steal hard-earned funds through their double-dealing internet-based crypto scheme.

Signs of Scam

I gathered several facts that point at the scammy nature of the Fordnex.com. Actually, there are a lot of scams that fall under the same points, so they are pretty much universal.

• Cryptocurrency-Only Transactions. Fordnex.com insists on cryptocurrency payments exclusively, excluding conventional methods like bank transfers. This strategy ensures anonymity for the scam and eliminates any possibility of seeking refunds.
• Dubious Company Credentials. Fordnex arouses suspicion by failing to provide critical information about ownership, location, and legal registration. The lack of valid contact details and the recent creation of domain and social media profiles cast doubt on its legitimacy.
• Baseless Hype Generation. Fordnex resorts to fabricating non-existent achievements, such as contracts with Coinbase or endorsements from Elon Musk, to manipulate emotions and enhance the perception of potential returns, enticing victims to invest more.
• Fictitious Celebrity Association. Fordnex employs a deceptive tactic by falsely associating itself with well-known figures like Elon Musk, Jeff Bezos, Mr. Beast, and Mark Zuckerberg. Additionally, the scam falsely claims partnerships with established entities like Coinbase, Binance, or MetaMask to bolster its false credibility.
• Potential Ponzi-Like Model. The scam operates on a pyramid-style referral system disseminated through social media, benefiting only initial participants and relying on later investments to sustain the illusion.
• Unrealistic Profit Promises. Promising improbable returns of 50-100-200%, Fordnex capitalizes on the desire for high profits. However, the tumultuous nature of the cryptocurrency market renders such gains implausible, solidifying Fordnex.com as a definite scam.

What Should I do as a Victim?

If you had to deal with Fordnex site and fell victim to that scam, there are still some steps to take. They will make further scam attempts harder, and also boost the knowledge about that scam among folks.

• Immediate Reporting. Your initial step should involve promptly notifying local authorities specializing in financial fraud. Extend your reach by reaching out to wallet providers and engaging with social networks’ technical support teams. These actions serve to raise the bar for the scammers’ operations.
• Share among Friends. Amplify your efforts by informing your close friends about the scam. Similar to informing authorities, this dissemination of information restricts the scammers’ potential victim pool.
• Preserve Crucial Information. Compile a comprehensive evidence archive by capturing screenshots and archiving all relevant website-related data. Collect the website URL, screenshots of the main page, login interface, end-user license agreement (EULA), account top-up menu, and wallet addresses. These records could provide vital clues for authorities in their pursuit of the scammers.
• Exploring Refund Options. While most banks’ refund policies may exclude cryptocurrency payments, it’s advisable to explore potential refund avenues under specific circumstances. Maintain hope until you obtain confirmation of the loss.
• Transform Loss into Knowledge. Turn your financial setback into an opportunity for growth. View your loss as an investment in understanding the strategies employed by crypto scam sites. Familiarize yourself with their telltale characteristics, the methods they employ to entice individuals, and the extravagant promises they make. Equipped with this insight, you’ll be well-prepared to spot and evade future traps without suffering additional financial setbacks.

Scan your system for possible malware infections

Beware of cross scams! Scam actors can use your trust to make you download some stuff or interact with certain documents. It may be a trap that installs malware to your system. There are no moral barriers or limits for these scoundrels.

Throughout the course of the fraud, fraudsters may get in touch with you with specific documents. Alternatively, they may suggest you to set up “cryptocurrency wallet applications” or “browser extensions” to simplify access to your cryptocurrency assets. As we previously determined, these rascals have no intent of giving back your funds. So, what can these emails and browser plugins represent? Correct – that is another component of the fraudulent scheme designed to throw you into deliberately running harmful programs onto your system.

Both add-ons and files attached to email messages can serve as a carrier for different malicious code. In this case, I foresee the presence of spyware and stealers among other types of threats. While it is not mandatory for scammers to distribute malware, the likelihood is always above zero. As stated, their conscience is of little concern, and their reputation is already deeply compromised. They have no principles to give up and intend to boost revenues.

Remove spyware with Gridinsoft Anti-Malware

We have also been using this software on our systems ever since, and it has always been successful in detecting viruses. It has blocked the most common malicious programs as shown from our tests with the software, and we assure you that it can remove spyware as well as other malware hiding on your computer.

To use Gridinsoft for remove malicious threats, follow the steps below:

1. Begin by downloading Gridinsoft Anti-Malware, accessible via the blue button below or directly from the official website gridinsoft.com.

2.Once the Gridinsoft setup file (setup-gridinsoft-fix.exe) is downloaded, execute it by clicking on the file.

3.Follow the installation setup wizard's instructions diligently.

4. Access the "Scan Tab" on the application's start screen and launch a comprehensive "Full Scan" to examine your entire computer. This inclusive scan encompasses the memory, startup items, the registry, services, drivers, and all files, ensuring that it detects malware hidden in all possible locations.

Be patient, as the scan duration depends on the number of files and your computer's hardware capabilities. Use this time to relax or attend to other tasks.

5. Upon completion, Anti-Malware will present a detailed report containing all the detected malicious items and threats on your PC.

6. Select all the identified items from the report and confidently click the "Clean Now" button. This action will safely remove the malicious files from your computer, transferring them to the secure quarantine zone of the anti-malware program to prevent any further harmful actions.

8. If prompted, restart your computer to finalize the full system scan procedure. This step is crucial to ensure thorough removal of any remaining threats. After the restart, Gridinsoft Anti-Malware will open and display a message confirming the completion of the scan.

Remember Gridinsoft offers a 6-day free trial. This means you can take advantage of the trial period at no cost to experience the full benefits of the software and prevent any future malware infections on your system. Embrace this opportunity to fortify your computer's security without any financial commitment.

Trojan Killer for “spyware” removal on locked PC

In situations where it becomes impossible to download antivirus applications directly onto the infected computer due to malware blocking access to websites, an alternative solution is to utilize the Trojan Killer application.

There is a really little number of security tools that are able to be set up on the USB drives, and antiviruses that can do so in most cases require to obtain quite an expensive license. For this instance, I can recommend you to use another solution of GridinSoft - Trojan Killer Portable. It has a 14-days cost-free trial mode that offers the entire features of the paid version. This term will definitely be 100% enough to wipe malware out.

Trojan Killer is a valuable tool in your cybersecurity arsenal, helping you to effectively remove malware from infected computers. Now, we will walk you through the process of using Trojan Killer from a USB flash drive to scan and remove malware on an infected PC. Remember, always obtain permission to scan and remove malware from a computer that you do not own.

Step 1: Download & Install Trojan Killer on a Clean Computer:

1. Go to the official GridinSoft website (gridinsoft.com) and download Trojan Killer to a computer that is not infected.

2. Insert a USB flash drive into this computer.

3. Install Trojan Killer to the "removable drive" following the on-screen instructions.

4. Once the installation is complete, launch Trojan Killer.

Step 2: Update Signature Databases:

5. After launching Trojan Killer, ensure that your computer is connected to the Internet.

6. Click "Update" icon to download the latest signature databases, which will ensure the tool can detect the most recent threats.

Step 3: Scan the Infected PC:

7. Safely eject the USB flash drive from the clean computer.

8. Boot the infected computer to the Safe Mode.

9. Insert the USB flash drive.

10. Run tk.exe

11. Once the program is open, click on "Full Scan" to begin the malware scanning process.

Step 4: Remove Found Threats:

12. After the scan is complete, Trojan Killer will display a list of detected threats.

13. Click on "Cure PC!" to remove the identified malware from the infected PC.

14. Follow any additional on-screen prompts to complete the removal process.

Step 5: Restart Your Computer:

15. Once the threats are removed, click on "Restart PC" to reboot your computer.

16. Remove the USB flash drive from the infected computer.

Congratulations on effectively removing spyware and the concealed threats from your computer! You can now have peace of mind, knowing that they won't resurface again. Thanks to Gridinsoft's capabilities and commitment to cybersecurity, your system is now protected.

Frequently asked questions

The truth about Fordnex

Name: Fordnex

Description: Cryptocurrency scams continue to increase as digital assets achieve mainstream adoption. A recent example of such a scam involves Fordnex, a fraudulent crypto exchange that entices victims with promises of free crypto giveaways. This detailed article will extensively examine the operations of the Fordnex scam, techniques for recognizing it, and, most crucially, ways to evade becoming a victim.

Operating System: All

Application Category: Crypto Scams

Sending

User Review

3.25 (4 votes)

Comments Rating 0 (0 reviews)